First Title Conveyancing Roadshow
FIRST TITLE held their annual Roadshow at the New House Hotel on 2nd May. The well-attended seminar included updates from First Title’s underwriters and Legal Department on the latest developments in their indemnity policy products. Purist lawyers may not always see indemnity policies as the best way to resolve a problem, but in this day and age, their merits are that they are a good quick cure and also a useful tool in risk management, of which we all have to be so aware these days. One particular product which is worth looking at is their Home Owners’ Protection Policy (HOPP) which provides a one-off comprehensive cover against a wide variety of risks including unforeseen problems that are outside the control of the conveyancer. The Canadian Law Society has made it compulsory for solicitors to offer this policy to their clients and, after several years, this has led to a significant decrease in Solicitors’ Professional Indemnity Premiums.